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Currency Trading

FX currency markets where international currencies are traded through the use of swaps, futures, spots, options and forward transactions

1,215 Questions

How much is 500 livres worth in Indian Repees?

If you are refering to the Lebanese Pound (or Lira or Livre), then 500 Livres is worth 15.41 Indian Rupee as at 16Oct09

BIC codes for Standard Bank?

Standard Bank uses SWIFT codes.

The following codes are used by them:

Branch NameSwift Code(AFRICA CUSTODY NETWORK)SBZAZAJJAFR(CONTINUOUS LINK SETTLEMENT)SBZAZAJJCLS(HEAD OFFICE AND ALL SOUTH AFRICAN OFFICES)SBZAZAJJXXX(INTERNATIONAL BANKING SYSTEM USERS)SBZAZAJJICM(SECURITIES LENDING)SBZAZAJJFSL

How many Indian Rupees do you get for 1 US Dollar?

As at 11Oct09 1 US Dollar was worth 46.44 Indian Rupees.

At currect 1 US Dollar equals 60.26 Indian Rupee.

How does the exchange rate affect a company that does not import and sell good only in the US?

Overall when exchange rates go up (dollar is weaker) the the dollar buys less, so even though a business may not import directly itself, the strength of the dollar is less and cost of goods will rise. So costs increase, profits decrease...all else remaining the same of course.

What is 60 pounds in dollars?

1 British Pound Sterling equals 1.56 US Dollar. 60 pounds therefore is $93.89

Can you get practice questions of NISM exam?

If a client buys shares worth Rs. 2,55,000 and sells shares worth Rs. 3,45,000 through a broker, then the maximum brokerage payable to the broker is _____20000________. [ 2 Marks ]

(a) Rs. 20000

(b) Rs. 15000

(c) Rs. 25000

(d) Rs. 10000

How do you get zwipes templates?

To get the templates for the Zwipe notebooks go to www.meadzwipes.com and click on the free template button. Then just browse their selection, download what you want, and print it off.

What is the meaning of HEDGE in forex trading?

Hedging is a technique used to limit exposure to or reduce risk for potential circumstances that may negatively impact a financial gain. For example, some airlines use oil futures as a hedge for changes in the price of jet fuel, effectively stabilize the price that they pay for some period of time.
In foreign exchange, the term hedging is most commonly used by companies that conduct business in multiple currencies. Using exchange rate options or simple currency future contracts, these companies will protect a portion of their income (or the cost to spend local currency) once it is converted to the currency used at headquarters.


Please keep in mind that there are costs associated with hedging and that it is very difficult to hedge for all risks.

How do you become a Authorized Forex Dealer?

This would depend on the country you are in. Usually a license with the central bank, or monetary authority is required.

1.4million euros is how much money in US dollars?

The current conversion rate is, 1 Euro = $1.41. That means that 1.4 million Euros equals $1,974,000.

How much money is traded in forex?

Average daily turnover is about US$4 trillion as estimated by the Bank for International Settlements.

What is 100 escudos us money?

Which Escudo? Escudo was the currency used, most famously, in Portugal before the adoption of the Euro in 1999. Today only Cape Verge uses the Escudo, with USD1 = CVE79 so CVE100 - USD1.266.

Is china's currency exchangeable in international market?

China's currency is restricted, meaning that it cannot be simply changed like one would for say Japanese Yen.

You may exchange if you have some trade flow or documentary evidence supporting the exchange.

You may be able to get relatively small amounts exchanged at money changers.